I am trying to research someone who wants to do business with me. UK companie's house does not seem to have a profit & loss on file, just an abbreviated balance sheet?
I removed the company umber, filing date and figures less than a thousand, to offer some privacy.
It doesn't look very healthy, but three's not really enough detail for me to tell. I am especially missing the turnover & profit margin.
Can anyone here infer something from this, which is not readily apparent?
[Clarification] I risk no money here. I will provide my time and the other company has an idea and some business contacts. It's a bit of a punt, but all that I risk is my time.